1-bed · 633 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

420, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 556K15 September 2015
Current rentAED 57K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, Safi Apartments 1B

What is 420 worth today?

Last sold for AED 555,888 in 2015

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25 May 2026RentedRenewal
AED 57,000/yr12 months · AED 90 per sqft
25 May 2026RentedRenewal
AED 57,000/yr12 months · AED 91 per sqft
25 May 2026RentedRenewal
AED 55,000/yr12 months · AED 87 per sqft
25 May 2025RentedNew contract
AED 57,000/yr12 months · AED 90 per sqft
1 Aug 2024RentedRenewal
AED 47,250/yr12 months · AED 74 per sqft
1 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
17 Oct 2022RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
17 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
4th of 7
Parking
P-395
Developer
Nshmi Development
Completed
2018
Last sold
AED 556K · September 2015

About 420, Safi Apartments 1B

420 is a one-bedroom apartment of 633 sqft on the 4th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 15 September 2015 for AED 555,888, or AED 877 per sqft, 4% below the AED 909 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 57,000 a year: a gross yield of 10.3% on the 2015 price.

Sales and rents for 420 over time

Sales
Unit 420, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, September 2015: AED 555,888 (AED 877 per sqft)

420 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 420, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, July 2019: AED 40,000 a yearRenewal, July 2020: AED 35,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, October 2022: AED 33,000 a yearNew contract, August 2023: AED 45,000 a yearRenewal, August 2024: AED 47,250 a yearNew contract, May 2025: AED 57,000 a yearRenewal, May 2026: AED 57,000 a yearRenewal, May 2026: AED 57,000 a yearRenewal, May 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 1B, and where 420 sits

All 55 1-beds →

420 last sold in September 2015 at AED 877 per sqft, 4% below what one-beds in Safi Apartments 1B were fetching at the time (AED 909). 420's AED 57,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-bed sales in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,276 Up 8.0%
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.1%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 4th floor

All 181 units in Safi Apartments 1B
Value
4012-bedAED 1.2M · Feb 2026
4023-bedAED 1.15M · Apr 2023
4031-bedAED 495K · Oct 2021
4041-bedAED 561K · Oct 2015
4051-bedAED 607K · Oct 2015
406StudioAED 350K · Jan 2025
4071-bedAED 705K · May 2025
1–7 of 26

420, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 15 September 2015 for AED 555,888, or AED 877 per sqft.
  • Rented since July 2019 on 10 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 57,000 by May 2026.
  • At AED 57,000 a year the gross yield on the 2015 price is 10.3%.

Source: Dubai Land Department. Updated 25 May 2026.

Questions about 420, Safi Apartments 1B

What did unit 420 last sell for?

AED 555,888 on 15 September 2015, sold by the developer: AED 877 per sqft for 633 sqft. It is the only registered sale of the unit.

What is the rent for unit 420?

AED 57,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2026, was AED 57,000; the unit has been rented since July 2019.

How big is unit 420?

633 sqft (58.8 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 420 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 420, Safi Apartments 1B

Starts from the last sale price (AED 556K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 555,888
Deposit, UAE resident (20%)
AED 111,178
Deposit, non-resident (40%)
AED 222,355
Monthly over 25 years at 3.7%
AED 2,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →